FHA financing is administered by the The U.S. Dept. of Housing and Urban Development (HUD). It is an excellent source of financing with low down payment criteria and flexible qualification criteria. Find a lender who offers FHA financing ... loan limits may be reduced at the end of the year ... new loan limit amounts have not been announced,
Pre-approval is the best first step toward purchasing a home. Good luck!
Contact a mortgage broker direct. If you all ready know your credit are low better increase your scores prior to contacting a loan officer. Once you are approved for lending the approval is valid for approx. 60 days. If you intend to pay off debt prior to purchasing a home this will increase your scores which would have an overall impact on your mortgage rate. http://www.lynn911.comhttp://www.homes-for-sale-dallas.com